Posted by Israel Industries press review of the week on juillet 14th, 2013

Ori Allon has been a fan of Israel’s Hapoel Jerusalem basketball team since he was 12. So when New York Knicks star Amare Stoudemire asked if he was interested in owning their home-town team, Allon jumped at the chance.Allon is well-known in the tech world as an engineer with a Midas touch. He sold his […]

Posted by Israel Industries press review of the week on juillet 14th, 2013

Lev Leviev and Africa-Israel have sold their stake in Vash Telekanal to their partner Alexander Levin. Lev Leviev is selling Israel’s Russian language cable station, Channel 9 to his partner Alexander Levin. Africa-Israel Investments Ltd. (TASE:AFIL), which he controls, today notified the Tel Aviv Stock Exchange (TASE) that it and Leviev have sold their 48% stake in […]

Posted by Israel Industries press review of the week on juillet 12th, 2013

Lockheed Martin is opening a technology center in Israel to help build a new center for Israeli military intelligence in the Negev. The U.S. aerospace defense giant established a joint venture with Israel’s Bynet Data Communications to build the Israeli Defense Forces’ center, known as Project 5/9. The contract is worth about $210 million, according to Israel’s […]

Posted by Israel Industries press review of the week on juin 16th, 2013

Cellcom Israel Ltd. (CEL) (CEL.TA) (hereinafter: the « Company »), announced today that Mr. Yaacov Heen notified the Company of his resignation from office as the Company’s CFO, effective September 17, 2013, following the successful completion of theCellcom Netvision operational merger and after 16 gratifying years with the Company in various positions.

Posted by Israel Industries press review of the week on mai 26th, 2013

SAN FRANCISCO: Google Inc is in talks to buy Waze, an Israeli mapping start-up that has held discussions with several large technology companies, two sources familiar with the matter told Reuters on Friday.

Union pension fund adviser CtW Investment Group said on Thursday Lyft Inc "faces an all-but-insurmountable barrier" to profitability due to issues with the ride-hailing company's pricing strategy and new regulations driving costs higher.

Comcast Corp said on Thursday it will launch a new internet streaming video service called Xfinity Flex, as the U.S. cable operator targets TV viewers who prefer watching content online over more expensive cable TV packages.

Tesla Inc filed a lawsuit on Thursday against a former engineer at the company, claiming he copied the source code for its Autopilot technology before joining a Chinese self-driving car startup in January.

Shares of semiconductor companies worldwide rose on Thursday, after U.S. chipmaker Micron Technology Inc predicted a recovery in a memory market saddled with oversupply as demand for mobile phones slows.